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Here’s why Birlasoft is surging

Updated : December 23, 2020 09:11:42 IST

The share price of IT services company Birlasoft has been surging lately. The stock has gained 224 percent in 2020 so far. The stock hit a fresh record high on Tuesday with 13 percent gains.

The stock is surging as the company has seen good deal wins in the first half of this financial year, which gives the company a bit of growth comfort as well as a catch-up in valuations.

For more details, watch the video
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